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Global food prices in 2022 hit record high amid drought, war

ROME — Global prices for food commodities like grain and vegetable oils were the highest on record last year even after falling for nine months in a row, the U.N. Food and Agriculture Organization said, as Russia’s war in Ukraine, drought and other factors drove up inflation and worsened hunger

Global food prices in 2022 hit record high amid drought, war

Global food prices in 2022 hit record high amid drought, war
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FAO Food Price Index drops for the sixth consecutive month

The FAO Food Price Index (FFPI) averaged 136.3 points in September 2022, down 1.5 points (1.1 percent) from August, marking the sixth monthly decline in a row.

FAO Food Price Index drops for the fifth consecutive month in August

The FAO Food Price Index (FFPI) averaged 138.0 points in August 2022, down 2.7 points (1.9 percent) from July, registering its fifth consecutive monthly decline. Despite the latest drop, the index remained 10.1 points (7.9 percent) above its value a year ago.

FAO Food Price Index registered a steep drop in July

The FAO Food Price Index (FFPI) averaged 140.9 points in July 2022, down 13.3 points (8.6 percent) from June, marking the fourth consecutive monthly decline.

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